MAE 0.00% 0.0¢ marion energy limited

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  1. 4,863 Posts.
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    Kiwi

    if your read my past posts you would have read the following:

    1. expected relisting timeframes. Yes they were missed. I gave reasons why. Go back and read the ASX announcement on 31st July. The company said that relisting was subject to certain events. Well those events are still in progress.

    2. so you and H have lost on your investment. Do you think that other shareholders like myself have not?

    3. Old debts cleared. H and coy indicated that there was no way that the bank would not take over all assets and creditors paid in full. It did not happen.Old debts gone and only part payment offered. What a coup!

    In conclusion.... why are you guys so interested in MAE's success or failure? Do you want to invest again? If not why not investigate other corporations and leave us shareholders to endure any pain or success that follows. We do not need your assistance.

    H states that further dilution will occur via capital raisings. Is that based upon facts or fiction?

    The only dilution that may occur is shares offered to directors in lieue of fees not paid.

    If you guys can read then I suggest that past announcement could be a good start to update yourselves. If you do not trust the company for feedback then contact the new Chair or new USA partner.But then again why would you be bothered? More fun in down ramping due to your past losses.

    Cheers

 
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